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Stock impact report

Riley Permian Reports Third Quarter 2024 Results [Yahoo! Finance]

Riley Exploration Permian, Inc. (REPX) 
Company Research Source: Yahoo! Finance
THIRD QUARTER 2024 HIGHLIGHTS Averaged 23.4 MBoe/d of total equivalent production (oil production of 15.5 MBbls/d) Generated $72.1 million of operating cash flow or $60.5 million before changes in working capital Incurred total accrual (activity-based) capital expenditures before acquisitions of $30.0 million and cash capital expenditures before acquisitions of $22.7 million Generated Free Cash Flow of $37.8 million Paid dividends of per share for a total of $8.1 million Reduced the principal value of debt outstanding by $35.0 million Completed the installation of our remaining electrical generation equipment used to power a portion of our field operations in Texas , with a total of 20 MW of installed capacity MANAGEMENT COMMENTARY Bobby D. Riley , Chief Executive Officer and Chairman of the Board commented: "Riley Permian delivered another quarter of strong results as we continued to execute our annual plan. Operating cash flow improved quarter-over-quarter despite Show less Read more
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